When banks create money they do not create energy.  They do not create copper or trees.  The money is leant out and must be paid back.  Interest compounds.  New debt must be issued to pay for old debt, and the money supply always increases.

Printing brings money into existence as does numbers transferred to a bank account balance.  Once created, money is loaned out to be spent on real things, to service debt the social super organism  grows.  Real things must be built and so they are.   The debt demands it and ever more energy and materials must be used.

Energy and materials.  Stuff that in a world of 8,000,000,000 becomes hard to get. 

Too hard to get.  The social super organism can't eat.  Economic failures, defaults and unemployment result.  Supply chain failures.  Out of business signs and empty office buildings.  There is no profit to feed old debt.

Across the globe debt is now 350 to 400 percent GDP.

What would this be like on an individual level?

You earn 100k a year and you owe the bank 350K.  At the end of the year your credit card balance is bigger than it was last year.  This is a pattern for you.

You are in danger of being laid off, and that raise you got does not cover the increased cost of everything.

Your life is about to change.

Like it or not?



You won't.